Second quarter results:
Microsoft posted a net loss of $ 6,302 million and a loss per share of 82 cents during the quarter ended Dec. 31, a far less-than-expected result for the quarter ended March 2016. For the second quarter of fiscal 2016, Microsoft posted net profit of 62.67 billion US dollars, earnings per share of 80 cents.Consider some one-time items (not in accordance with GAAP), Microsoft's second-quarter adjusted net profit of 74.98 billion US dollars, an increase of 20% over the same period last year, , Excluding the impact of exchange rate changes for the year-on-year increase of 20%; adjusted earnings per share of 96 cents, an increase of 20% over the same period last year, excluding the impact of exchange rate changes for the year-on-year increase of 20%, exceeding analyst expectations. FactSet survey of financial information provider, analysts had expected Microsoft's second-quarter earnings per share of 87 cents.
Microsoft's second-quarter revenue of 28.918 billion US dollars, with 25.826 billion US dollars last year an increase of 12%. Not included in some one-time items (not in accordance with GAAP), Microsoft's second-quarter adjusted camp The same is $ 28,918,000,000, an increase of 12% over the same period last year, excluding the impact of exchange rate changes for the 11% increase year on year, the performance also exceeded analysts' expectations. FactSet survey, analysts had expected Microsoft's second quarter camp Revenue was $ 28.41 billion.
Microsoft's second-quarter total cost of revenue of 11.064 billion US dollars, compared with 990.01 million US dollars the same period last year, of which product revenue costs 54.98 million US dollars, compared with 53.78 billion US dollars the same period last year; services and other Revenues were $ 5.566 billion, compared with $ 4.523 billion a year earlier, with Microsoft's second-quarter gross profit of $ 17,854 million, compared with $ 15,925 million a year earlier.
Microsoft's R & D expenditures in the second quarter were $ 3,504 million, up from $ 3,062 million in the same period last year; sales and marketing expenses were $ 4,562 million, up from $ 4,079 million in the same period last year; and general-purpose and administrative expenses were $ 1,109 million, above The same period last year, 879 million US dollars.
Microsoft's second-quarter operating profit of 86.79 billion US dollars, more than 10,905 million US dollars last year increased 10% Excluding some one-time items (not in accordance with GAAP), Microsoft's second-quarter adjusted operating profit the same At US $ 8.679 billion, an increase of 10% over the same period of last year. Excluding the impact of exchange rate changes, the impact of changes in foreign exchange rates increased by 10% over the same period of last year.
In the second fiscal quarter of fiscal 2018, Microsoft's productivity and business processes revenue was 8,853,000,000 US dollars, representing an increase of 25% over the 7.17 billion US dollars in the same period last year, excluding the impact of exchange rate changes for the same period last year increased by 24%; operating profit of 33.37 Billion US dollars, higher than the same period last year 3.05.3 billion.Microsoft's second-quarter revenue of 77.95 billion US dollars for the smart cloud sector, an increase of 15% over the same period last year's 67.58 billion US dollars, excluding the impact of exchange rate changes for the year-on-year growth of 15 %; Operating profit of 2.82 billion US dollars, higher than the same period last year of 2.291 billion US dollars.Microsoft second quarter more personal computing business revenues of 121.7 billion US dollars, more than last year's 11.889 billion US dollars, up 2%, not included The impact of exchange rate changes for the same period increased by 2%; operating profit of 2.51 billion US dollars, lower than 2.56 billion US dollars last year.
In the second quarter, Microsoft returned $ 5 billion in cash to shareholders by repurchasing shares and distributing dividends.
Performance Outlook:
Microsoft said it will provide performance outlook data in a subsequent earnings call.
Executive speech:
Satya Nadella, Microsoft's CEO, said: "This quarterly results show that we are offering different values to our customers in various productivity solutions and are offering it as a hybrid cloud service provider Value. Our investment in IoT, data and AI services has further accelerated the company's growth. '
Stock price reaction:
On the same day, Microsoft shares rose 2.27 U.S. dollars in regular trading on the Nasdaq, up 2.45% to close at 95.01 U.S. dollars. After the subsequent trading as of 16:54 (GMT 5:54 GMT) , Microsoft shares fell 1.02 US dollars to 93.99 US dollars, down 1.07% over the past 52 weeks, Microsoft's highest price was 95.45 US dollars, the lowest was 62.75 US dollars.